The Business Times

Tata Consultancy Services

Companies & Markets

Tata Consultancy Services looks to grow beyond financial services focus in Singapore

While the direct impact of tariffs may be limited, IT spending cuts and heightened geopolitical uncertainty will weigh on technology companies such as TCS.
Telcos, Media & Tech

Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains

FILE PHOTO: FILE PHOTO: A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company's quarterly results in Mumbai, India, January 11, 2024. REUTERS/Francis Mascarenhas/File Photo/File Photo
Telcos, Media & Tech

Tata Consultancy Services layoffs herald AI shakeup of US$283 billion outsourcing sector

TCS is retraining and redeploying staff as it enters new markets, invests in new technology and deploys AI, but about 12,200 jobs will be cut as part of the process.
Telcos, Media & Tech

Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs

Minister of State for Trade and Industry Alvin Tan said the opening of the innovation centre in Singapore aligns with the National AI Strategy 2.0.
Companies & Markets

Tata Consultancy Services aims to hire 50 fresh graduates to support new innovation centre

TCS is one of the crown jewels of the cars-to-steel Tata conglomerate, which is trying to position itself as an Indian leader in technology beyond software and services.
Telcos, Media & Tech

Asia IT leader TCS lags estimates on weak tech spending

epa11651775 People pay tributes to Indian top business leader Ratan Tata, who died aged 86 in Mumbai, India, 10 October 2024. Ratan Tata, the chairman emeritus of Tata Group, died at Mumbai Hospital late on 09 October 2024. EPA-EFE/DIVYAKANT SOLANKI
Opinion & Features

Ratan Tata’s vision should still be India’s

Quarterly reports from Infosys and other IT firms showed a nascent recovery in BFSI client demand after six quarters of depressed spending since the Silicon Valley Bank collapse.
Banking & Finance

Global banks’ tech revival sparks hope for US$254 billion Indian IT sector

TCS net income rose 9 per cent to 120.4 billion rupees (S$1.9 billion) in the first quarter through June.
Telcos, Media & Tech

TCS profit meets estimates as demand for IT projects picks up

Tata Consultancy Services' net income rose to US$1.5 billion in the fourth quarter, an increase of more than eight per cent on-year that defied market expectations of a slowdown in the sector.
Companies & Markets

India's TCS profits rise on AI, cloud contracts

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